Seinäjoen KTK Oy
Seinäjoen KTK Oy - Turnaround project
MBO Partners acted as advisor in the turnaround project of Seinäjoen KTK Oy, a South Ostrobothnian transportation company, during 2025. An operational turnaround was implemented, which restored the company’s profitability. In addition, working capital financing was arranged for the company, which secured the company’s cash balance, and at the same time the company’s financing collateral was rearranged.
Seinäjoen KTK is a company owned by local transportation entrepreneurs that sells and transports soil nationwide. The company had been making losses since 2022 and had not been able to turn the tide, and the risk of bankruptcy was real.
MBO Partners started implementing the turnaround project in early 2025. Immediately at the start, measures were decided and implemented to improve the company’s profitability. At the same time, plans were started to restructure financing and collateral. The project can be said to have been successful, as Seinäjoen KTK received the necessary additional funding and the company’s result was positive for the first time in four years at the end of 2025. The company is aware that work still needs to be done to improve the financial situation, but the direction is right and the foundation is solid.
“MBO Partners’ thorough scan of the loss years provided good confirmation for taking action. Their experience and quick handling of matters were a very important part of the turnaround. With the successful turnaround, the trust of the shareholders and numerous partners was restored, which was extremely important for the company,” said Jani Latvala, CEO of Seinäjoen KTK, commenting on the successful project.
The project moved to the monitoring phase at the beginning of 2026, where MBO Partners and Seinäjoen KTK will remain together to monitor the development of the company’s situation.
Finnglass Oy
Finnglass Oy - Ownership restructuring and financing
MBO Partners acted as Finnglass Oy’s advisor in the arrangement completed on 2 March 2026, in which the company’s ownership structure was reorganized. MBO Partners designed the structure of the arrangement and secured the financing required for it. Following the arrangement, Finnglass continues to be owned by CEO Timo Saukko, Sales Director Mikko Filmer, and investor Elite Glass Oy.
“Cooperation with MBO Partners was smooth, professional, and efficient. Consistent action and mutual trust throughout the project led to an excellent outcome,” comments Finnglass CEO Timo Saukko.
Finnglass’s reference list is impressive. The company has delivered some of the most demanding glass installations—requiring special properties and technical expertise—to the headquarters of JPMorgan Chase and Rolex in New York, as well as to the headquarters of CIBC (Canadian Imperial Bank of Commerce, one of Canada’s largest banks) in Toronto. A striking domestic example can be found in Helsinki, in the inner courtyard of Pohjoisesplanadi 37. The company contributed to the design and delivered heated glass for the glass roof structure covering the courtyard, enabling the conversion of the courtyard’s parking area into a year-round commercial space.
Finnglass develops glass solutions for demanding conditions: it offers insulating glass, laminated safety glass, tempered safety glass, bullet resistant glass, explosion resistant glass, heated glass, solar‑reflective glass that reduces heat from solar radiation, glass for defense industry applications or load‑bearing structures, and bird‑friendly glass. One example of the company’s innovativeness is its registered trademark Lintu-Laser. The laser‑engraved pattern on the glass surface helps birds detect the glass from multiple angles, preventing collisions. Lintu-Laser can be combined with any of the company’s glass solutions.
Firebig Group
Firebig Group – Share transaction
MBO Partners acted as the buyer’s advisor in the acquisition of the fire protection company Suomen Paloturva-Center Oy by the Firebig Group.
The Firebig Group, formed in early 2025, continues to grow. In a share transaction on 30 December 2025, the fire protection company Suomen Paloturva-Center Oy joined the Firebig Group. With the acquisition, the Firebig Group strengthens its position in the Finnish fire protection market and the Group will include eight fire protection and jointing business companies after the transaction.
Suomen Paloturva-Center is a fire protection company founded and managed by entrepreneur Topi Taussi, which at its peak has been able to generate approximately 1.5 million euros in revenue and a 20% EBITDA margin. Entrepreneur Topi Taussi joins the Firebig Group to strengthen the Group’s sales operations with his solid experience and expertise in the fire protection industry. Taussi has a total of 25 years of experience in the fire protection industry from various organizations.
Firebig Oy – Group structuring, share transactions, financing, and generational transfers
MBO Partners acted as an advisor to Palokatkotukku Parkkinen Oy’s and its sister companies in the merger, which created the Firebig Group – a leading player in the fire safety industry.
In the implemented business arrangement, Palokatkotukku Parkkinen Oy, PKT-Turva Oy, Firel Oy and Sauman Oy, which operated under the same ownership, were organized under the ownership of the new group’s parent company, Firebig Oy. In connection with the arrangement, the group expanded through acquisitions, the first of which, the business acquisition of Palokatkomiehet Oy, was carried out in November 2024. In the now published share transactions, Suomen Palokatkomestarit Oy and its subsidiary Turun Palokatkomestarit Oy and the import company PK-Tuote Oy were acquired into the group.
The Firebig Group’s turnover after the arrangements is around 20 million euros and it controls a fourth of Finland’s firestop industry. The group’s geographical coverage and utilization of industry synergies enable profitable growth as planned.
MBO Partners planned the arrangements for the group structure and applied for preliminary rulings from the Tax Administration, acted as a buyer’s advisor in the acquisitions, organized the financing of the group and the acquisitions, drew up shareholder agreements and SPAs for the arrangements, and prepared and initiated the generational transfers for the main owners.
